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Chinese society
Netflix adaptation of sci-fi novel ‘The Three-Body Problem’ sparks anger in China
...He had watched a pirated version of the show over the past weekend. “It became a product of a western perspective.”...
March 29, 2024
Electric vehicles
Chinese cinema projector maker says electric vehicles have box office potential
...China’s carmakers are engaged in a price war as sluggish consumer demand, a glut of new vehicles and slowing economic growth drag down prices....
February 26, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Saudi Aramco
Saudi Aramco chief defends China’s role in green transition amid closer ties
...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
April 22, 2024
JPMorgan Chase & Co
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels
...The $3tn to $4tn it will cost each year come in a different macro environment.”...
April 19, 2024
Tefaf Maastricht 2024
The line of beauty connecting ancient Greek vases and modern abstract paintings
...architect-designer Gloria Cortina....
March 2, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
Shares of Chinese EV makers decline as price war squeezes margins
...Over the weekend, Tesla also announced a price cut of Rmb14,000 ($1,933) for models sold in China....
April 22, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
Revenues at EV battery maker CATL fall
...CATL had a 38 per cent share of the global EV battery market in the first two months of 2024, according to South Korea’s SNE Research....
April 15, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...The industry association expected Tesla to record sales of about 25,000 units in China this month, a 37 per cent decline from a year earlier....
April 15, 2024
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
Xpeng shares tumble after Alibaba reduces stake
...Volkswagen-backed Xpeng on Tuesday predicted a revenue of Rmb6.2bn ($860mn) for the first quarter of 2024, below analysts’ expectations, as the company is grappling with a bruising price war triggered by...
March 21, 2024
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
Chinese smartphone maker Xiaomi shares jump after EV rollout
...Chinese smartphone maker Xiaomi jumped as much as 16 per cent on Tuesday after the company’s first electric vehicle appears to have pulled off an early success in an industry overwhelmed by competition and a...
April 2, 2024
CATL
China’s battery giant CATL hit by profit fall
...Despite a dominant market position, CATL faced challenges from smaller rivals that sold their battery products at a lower price last year....
March 15, 2024
Elaine Moore
Why we can’t stop staring at our own faces online
...elaine.moore@ft.com...
April 21, 2024
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
Sales at BYD disappoint as competition bites
...Chinese carmaker BYD posted a weaker-than-expected 81 per cent rise in its full-year net profit on Tuesday, as the Tesla rival felt the squeeze from intensifying competition and softening demand in the world...
March 26, 2024
FT SeriesThe world’s best house museums
House museums #62: Henry Moore
...Moore would tap on the window and watch a herd of sheep, owned by a local farmer, drift towards the sound. They became the subject of a huge body of work, including Sheep Piece (1971-72)....
April 5, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...Of 1.2mn new energy vehicles sold in China in the first two months of the year, 467,000 were PHEVs, marking a 73 per cent jump on the same period a year earlier....
March 26, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
News in-depthChinese business & finance
China’s bubble tea brands look to create a stir overseas
...At a Shanghai store run by Chagee, a popular milk tea brand that allows customers to order at a discounted price of Rmb16 on a WeChat app, Jing Li, 30, was buying a set of takeaway drinks for her colleagues...
April 16, 2024
InterviewChinese business & finance
Chinese robot maker says protectionism will not stop its march
...“The customers have to trust you because it’s basically a mission-critical part of the production line....
April 4, 2024
Energy sector
Commodity traders bet on big data and AI
...The world’s largest commodity traders are investing heavily in data processing and analysis in a race to develop a technological edge over rivals....
April 21, 2024
Travel
Slow train to Penang: the return of the Eastern & Oriental Express
...Details: Tim Moore was a guest of Belmond (belmond.com)....
April 23, 2024
News updates from March 5: China targets 5% GDP growth in 2024, Gold and Bitcoin hit record highs
Chinese electric vehicle maker Nio records deeper losses
...Regarded as one of China’s biggest challengers to Tesla, Nio has not turned a profit almost a decade after its founding, and is lagging behind local peers such as Li Auto and BYD in sales growth....
March 5, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...“Buying a gasoline-powered car at the moment is like buying a pager when mobile phones are available,” he said when the EV group launched of a new version of the brand’s two hybrid models with a starting...
April 2, 2024
Energy Source
Sweden’s green industrial revolution hits speed bumps Premium content
...Infrastructure is a big problem....
April 23, 2024
Xiaomi Corp
China’s smartphone maker Xiaomi bets on EVs even as Apple pivots
...The SU7 has a range of up to 830km on a single charge, a top speed of 265 km/h and a zero-to-100km/h acceleration time of 2.78 seconds, which Counterpoint Research smartphone analyst Ivan Lam attributed...
March 29, 2024
News updates from March 18: Biden warns Rafah invasion would be ‘a mistake’; Nvidia unveils ‘superchip’
Shares of EV battery supplier CATL jump after surprise dividend
...It also announced plans for a cash dividend of Rmb22bn ($3.1bn)....
March 18, 2024
News in-depthXiaomi Corp
The Steve Jobs of China turns car salesman in Xiaomi’s EV evolution
...Last week, he took to a Beijing stage in a teal blazer to gush over his triumph of making a car just three years after unveiling his ambition....
April 5, 2024

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